First Trust Intermediate Duration Preferred & Income Fund Declares Dividend of $0.14 (NYSE:FPF)

First Trust Intermediate Duration Preferred & Income Fund (NYSE:FPF) announced a dividend on Thursday, September 19th, NASDAQ reports. Shareholders of record on Tuesday, October 1st will be given a dividend of 0.1375 per share on Tuesday, October 15th. The ex-dividend date of this dividend is Tuesday, October 1st.

First Trust Intermediate Duration Preferred & Income Fund has decreased its dividend by an average of 7.4% annually over the last three years.

First Trust Intermediate Duration Preferred & Income Fund Price Performance

Shares of FPF stock traded up $0.10 on Friday, hitting $19.28. The stock had a trading volume of 165,500 shares, compared to its average volume of 160,142. First Trust Intermediate Duration Preferred & Income Fund has a twelve month low of $13.91 and a twelve month high of $19.31. The company has a fifty day moving average price of $18.49 and a two-hundred day moving average price of $17.95.

About First Trust Intermediate Duration Preferred & Income Fund

First Trust Intermediate Duration Preferred & Income Fund is a closed end fixed income mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Stonebridge Advisors, LLC. It invests in fixed income markets. The fund will also invest in below investment-grade securities like junk or high-yield securities.